Some embodiments of the disclosure provide a bearing installation and fixation structure and a compressor. The bearing installation and fixation structure includes: a rotatable shaft (7); a bearing (6), provided on the rotatable shaft (7) in a sleeving manner; and an axial locating member, provided on the rotatable shaft (7) in a sleeving manner and including a fixing connecting section (1) and an axial locating section (2) that are integrated with each other; the fixing connecting section (1) is detachably fixed on the rotatable shaft (7); and the axial locating section (2) limits a position of the bearing (6) axially.